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Propane: How Low Can it Go?
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Report summary
Snow is covering 50% of the US – freezing weather even reached Houston. A record corn crop promised elevated levels of crop drying demand for propane. But this week the EIA reported that propane stocks built by 0.1 MMBbls, which is significantly more bearish than the historic average draw for the second week of November of 0.7 MMBbl.
Table of contents
- Why is propane storage continuing to set records despite cooler than normal weather?
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How will the propane market solve its current storage glut?
- Propane Price Parities
Tables and charts
This report includes 1 images and tables including:
- Propane: How Low Can it Go?: Image 1
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